Technical analysis by peterbokma about Symbol BTC: Sell recommendation (10/8/2025)

It has been impressive moves till now, and we hear clearly what the forecasts are, i..e. $ 500k by 2030 etc. Happy for those longs, if it does. Technically we are very overbought for a long-time now, and also the chances are for a solid correction is there. the GANN SQ surely suggest ther higher side still could be $ 130k or so, but the return level $87 k and $ 63 k seems very possible from a correction stand point of view. for the medium-term. Markets are very long adding to that, and if they start unloading in large quantities, moves down will be extremely sharp. Anyway, this is my personal view, and let's see what will happen next.